Showing posts with label Markets. Show all posts
Showing posts with label Markets. Show all posts
Tuesday, July 3, 2012
Commercial Real Estate Loan Prices Rise in May
The aggregate value of Commercial Real Estate (CRE) loans priced by DebtX that collateralize CMBS increased to 88.2% as of May 31, 2012 from 88.1% as of April 30, 2012. Loan values were 81.6% as of May 31, 2011.
“Commercial real estate loan prices climbed for a fifth straight month in May as underlying market conditions continued to improve,” said DebtX CEO Kingsley Greenland. “CRE loan prices in May benefited from a decline in Treasury yields.”
Wednesday, February 29, 2012
US Commercial Real Estate Markets Improving, Says NAR Report
US commercial property market are showing signs of improvement, with vacancy rates expected to drop over the coming year. According to the National Association of Realtor s’(NAR's) quarterly commercial real estate forecast, a strengthening across all sectors of the market is anticipated. Two-thirds of the professionals questioned stated they believe there will be an improvement during the first quarter of 2012, while rental increases are also on the cards. NAR chief economist Lawrence Yun commented: "Sustained job creation is benefiting commercial real estate sectors by increasing the demand for space. Vacancy rates are steadily falling."
A decline in the empty space available in the office, industrial, retail and multifamily housing sectors is predicted between the first three months of this year and the same period in 2013, with vacancy rates in the retail industry likely to fall the most - dropping from 11.9 per cent at present to 11 per cent in a year's time.
Annual industrial rent is expected to rise 1.8% in 2012 and 2.3% next year. Net absorption of industrial space nationally is seen at 40.6 million square feet this year and 57.7 million in 2013.
Retail vacancy rates are forecast to decline from 11.9% in the current quarter to 11% in the first quarter of 2013.
http://www.propertywire.com/news/north-america/us-commercial-real-estate-201202296227.html
A decline in the empty space available in the office, industrial, retail and multifamily housing sectors is predicted between the first three months of this year and the same period in 2013, with vacancy rates in the retail industry likely to fall the most - dropping from 11.9 per cent at present to 11 per cent in a year's time.
Annual industrial rent is expected to rise 1.8% in 2012 and 2.3% next year. Net absorption of industrial space nationally is seen at 40.6 million square feet this year and 57.7 million in 2013.
Retail vacancy rates are forecast to decline from 11.9% in the current quarter to 11% in the first quarter of 2013.
http://www.propertywire.com/news/north-america/us-commercial-real-estate-201202296227.html
Monday, August 15, 2011
Investors Have Been Moving Into Secondary Markets
Investors have been moving into secondary markets such as Dallas and Minneapolis amid growing confidence in the recovery and soaring prices that drove down yields on office buildings, shopping malls and apartments in prime cities including New York, San Francisco and Washington.
The trend may be cut short. Turmoil in financial markets over the past three weeks -- triggered by concern that Spain and Italy will struggle to pay off their debts, signs that the U.S. will remain mired in sluggish growth through next year and Standard & Poor’s downgrade of the U.S. credit rating -- may send buyers back to prime cities and push prices even higher, as long as the economy doesn’t deteriorate so much that trophy properties suffer.
The trend may be cut short. Turmoil in financial markets over the past three weeks -- triggered by concern that Spain and Italy will struggle to pay off their debts, signs that the U.S. will remain mired in sluggish growth through next year and Standard & Poor’s downgrade of the U.S. credit rating -- may send buyers back to prime cities and push prices even higher, as long as the economy doesn’t deteriorate so much that trophy properties suffer.
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